Silver Prices Have Risen by Over 100% This Year!

Published by Mattias Söderström in category Articles on 02.12.2025
Gold price (XAU-SEK)
41259,40 SEK/oz
  
- 261,40 SEK
Silver price (XAG-SEK)
601,80 SEK/oz
  
- 7,84 SEK
En bild på olika silvermynt

Silver reached new record highs on December 1, 2025, following a dramatic price surge. This year, silver has more than doubled in USD and climbed sharply in SEK.

A Record-Breaking Silver Market in 2025

Silver has been the most explosive precious metal globally this year – and on December 1, 2025, the price broke new all-time highs.

The global spot price peaked at $1.89 per gram, meaning silver has more than doubled since January 1 (when it was $0.94 per gram).

At the same time, silver posted strong gains in Sweden as well. In SEK, the price rose from 10.48 kr per gram at the start of the year to 17.82 kr per gram on December 1 – an increase of roughly 70%.

This makes silver by far the best-performing precious metal of the year.

Buy a silver coin at a great price today!

SPOT +2%
1oz-silver-philharmonic-coin .png1 In Stock

1 oz Austrian Philharmonic Silver Coin

We sell 1+ 765,63 542.66 542,66 542.66 542,66 542.66 542,66 765.63 765,63 765.63 765,63 765.63 765,63
We buy 542,66
Compare Alert Add to cart

Why Has the Silver Price Increased So Sharply?

The year 2025 has been shaped by a unique combination of global forces working together:

  • several consecutive years of structural supply deficits
  • rapidly rising demand from industrial and energy sectors
  • a weaker dollar and market expectations of U.S. rate cuts
  • concerns over continued tight inventories in both London and Shanghai

Together, these factors have created a market where prices are driven upward by both fundamentals and speculative capital chasing strong momentum.

Silver in USD – A Price Movement With No Modern Equal

Silver has surged on the U.S. market, where the price in USD is up over 100% since the beginning of the year. On December 1, it reached $1.89 per gram (over $58 per ounce), placing 2025 among the most powerful silver rallies in decades.

The dramatic rise is tied to broad global trends rather than a single currency effect, and silver has outperformed even gold in percentage gains this year.

Silverpris diagram i USD

Silver in SEK – One of the Year’s Strongest Assets

In Sweden, the rise has been somewhat milder than in USD but still impressive, with an increase of around 70% since January. The krona’s weakness against the dollar has muted some of the movement, but the trend remains the same: Swedish investors have also seen silver climb toward historic levels.

The price in SEK reflects global momentum as well as the long-running imbalance between supply and demand.

Supply Deficits and Industrial Demand Dominate 2025

One of the most important drivers of this year’s surge is that the silver market is expected to run a significant deficit for the fifth consecutive year. Industry is consuming more silver than the world is producing — especially due to rapid growth in solar power, electric vehicles, electronics, and energy storage technologies.

This has created a structural scarcity that is now becoming visible in inventories. Both London and Shanghai stockpiles have fallen to levels not seen in almost a decade, amplifying price movements and increasing risk premiums across the physical market.

Is Silver Entering a New Era?

After breaking previous record levels, silver is now in an environment where many investors see long-term opportunity. The combination of industrial demand, currency effects, and recurring deficits has placed silver at the center of discussions about future strategic raw materials.

At the same time, volatility remains high, and prices may continue to move sharply in both directions — something that has always characterized silver during strong trends.

Want to avoid fingerprints and scratches? Complete your silver purchase with our cotton gloves!

Cotton gloves In Stock

Cotton gloves for precious metals

We sell 99,00 99 99,00
Compare Alert Add to cart

Silver Made History on December 1, 2025

With more than 100% gains in USD, 70% gains in SEK, and fresh all-time highs across multiple markets, silver has made 2025 a historic year.

It is now clear that silver is no longer “second fiddle” to gold — but a central force in investment markets, industrial applications, and the global energy transition.

Comments

Gold price (XAU-SEK)
41259,40 SEK/oz
  
- 261,40 SEK
Silver price (XAG-SEK)
601,80 SEK/oz
  
- 7,84 SEK

You might also like to read